Not every issue in the world can be solved with money, but indeed many things require money to solve. During the midnight period, Bitcoin saw a strong surge in volume, ending the tug-of-war between the 62500-63000 range and transitioning to a unilateral upward trend. It reached a high of around 63800 before facing pressure, once again demonstrating the significant strength of the resistance above. The current market has returned to oscillating around 62900. During the midnight period, our short position on Bitcoin also perfectly took profit, with a space of 866 points, and entered at 3460, exiting with a space of 30 points. Winning in the market once or twice may be luck, but our recent performance has been on a winning streak, and the overall trend of the market has been consistent with our analysis. Doesn't this prove our strength?

Looking at the current market, the daily candlestick closed as a doji, with multiple attempts by the bulls to push higher with volume, but ultimately facing pressure and falling back. During the midnight period, after a day of accumulation, it attempted to push higher again but still failed to break through the upper level. Instead, it did not stabilize around the 63000 level, indicating that the market is not as friendly to the bulls. Looking at the four-hour chart, the midnight market surged near the upper rail and then fell back, with consecutive declines towards the end of the session. The KDJ indicator formed a dead cross, and after the surge in volume by the bulls during the midnight period, the overall market retreated, leading to an increase in bearish volume. Therefore, it may not be very suitable for long positions in the future market. The intraday trading recommendation is still mainly focused on shorting at high levels.

Short Bitcoin in the 63500-63000 range, with a target near 62000. Short Ethereum in the 3475-3455 range, with a target near 3385.

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